IFSC Code of NSDL Payments Bank Limited, Prabhadevi Branch, Maharashtra

Below are the complete branch details for NSDL Payments Bank Limited, PRABHADEVI branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is NSPB0PYNRBY. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case NSPB0PYNRBY for NSDL Payments Bank Limited – PRABHADEVI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for NSDL Payments Bank Limited – PRABHADEVI is NSPB0PYNRBY. The first four letters NSPB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters PYNRBY map to this branch in MUMBAI, MAHARASHTRA.

Branch details at a glance

About NSDL Payments Bank Limited

NSDL Payments Bank Limited operates a wide network of branches across India, including the Prabhadevi branch in Mumbai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, NSPB0PYNRBY.

About this branch

The branch is located at NEARBY TECHNOLOGIES PRIVATE LTD, ARENA HOUSE. RD NO. 12, MIDC ANDHERI,MUMBAI 400093. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of NSDL Payments Bank Limited. The IFSC NSPB0PYNRBY is used to identify this branch on the RBI payments network.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how NSDL Payments Bank Limited's PRABHADEVI branch came to be assigned the code NSPB0PYNRBY.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC NSPB0PYNRBY, money simply cannot be routed to the PRABHADEVI branch electronically.

How to transfer money using IFSC NSPB0PYNRBY

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC NSPB0PYNRBY across all three.

NEFT to NSDL Payments Bank Limited, PRABHADEVI using IFSC NSPB0PYNRBY

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC NSPB0PYNRBY, and confirm that the system picks up NSDL Payments Bank Limited – PRABHADEVI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC NSPB0PYNRBY

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to NSDL Payments Bank Limited – PRABHADEVI, ensure your bank's portal accepts IFSC NSPB0PYNRBY while registering the beneficiary. RTGS is also available 24x7.

IMPS to NSDL Payments Bank Limited PRABHADEVI (IFSC NSPB0PYNRBY)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NSPB0PYNRBY in your mobile or internet banking app, and the money is credited to the PRABHADEVI branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC NSPB0PYNRBY for NSDL Payments Bank Limited – PRABHADEVI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Prabhadevi branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at NSDL Payments Bank Limited's PRABHADEVI branch, the IFSC NSPB0PYNRBY is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Prabhadevi branch is mapped to IFSC NSPB0PYNRBY on the RBI payments network. The branch generally supports the full retail product catalogue of NSDL Payments Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains NSPB0PYNRBY.

Banking services available

The Prabhadevi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-49142756.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC NSPB0PYNRBY

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by NSDL Payments Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC NSPB0PYNRBY and the account number together uniquely identify the Prabhadevi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC NSPB0PYNRBY

NSDL Payments Bank Limited customers can register for net banking and the bank's official mobile app once their account at the PRABHADEVI branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC NSPB0PYNRBY is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Common mistakes to avoid when using IFSC NSPB0PYNRBY

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to NSDL Payments Bank Limited – PRABHADEVI, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: NSPB0PYNRBY.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Prabhadevi branch

The branch is located at NEARBY TECHNOLOGIES PRIVATE LTD, ARENA HOUSE. RD NO. 12, MIDC ANDHERI,MUMBAI 400093, which puts it inside Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “NSDL Payments Bank Limited Prabhadevi branch” — the verified location pin for IFSC NSPB0PYNRBY should appear at the top of the results.
2. Confirm the branch is open by calling 22-49142756 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC NSPB0PYNRBY and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC NSPB0PYNRBY for NSDL Payments Bank Limited – PRABHADEVI, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Prabhadevi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC NSPB0PYNRBY, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: NSPB0PYNRBY is the IFSC code of NSDL Payments Bank Limited, PRABHADEVI branch, in MUMBAI, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.